Comments on: Why Do We Keep Bailing Out AIG?

By: * Weekly Highlights: March 8, 2009

* Weekly Highlights: March 8, 2009 — Wed, 08 Apr 2009 02:05:32 +0000

[...] become interested in personal finance. Give the article a read and see what income is all about.Why Do We Keep Bailing Out AIG? at Weakonomics — If you are wondering why we keep giving money to AIG, here’s a good [...]

By: Weekly Round Up- Daylight Savings | Good Financial Cents

Weekly Round Up- Daylight Savings | Good Financial Cents — Sun, 08 Mar 2009 18:15:06 +0000

[...] Why Do We Keep Bailing Out AIG? – Why is the government, and subsequently the taxpayers still throwing money at AIG? What does it mean to be too big to fail? Will any of this actually pay off? Here’s some additional information to chew on. [...]

By: Dangerman

Dangerman — Sun, 08 Mar 2009 16:48:15 +0000

“don’t think they’re greedy. If you were rear-ended and needed insurance money to fix you car but the insurance company had no money for you then you’d want the government to give them the money too.”

No, no I wouldn’t – that would be being greedy. Greedy = having others pay for your problems.

By: publius47

publius47 — Sat, 07 Mar 2009 04:18:29 +0000

another vote for failure! warning- crackpot comment – Third world countries are great for saddling the masses with debt. Make big loans, “develop” nation, big tax bill. Why are we doing that in America? To maintain American “dominance?” Dominance in wealth extraction? Our economy provides the biggest market for wealth extraction. Rather than continue the extraction leading to general poverty, we can deny more bailouts, let the global influx consumer-driven credit dry up and be left with less poverty (maybe) but a lot less debt. Takers?

By: Friday Finance Findings for March 6th - Newsletter Edition : Generation X Finance

Fri, 06 Mar 2009 15:23:36 +0000

By: Matt SF

Matt SF — Thu, 05 Mar 2009 02:49:28 +0000

Almost Insolvent Group… hahaha… Priceless.

By: the weakonomist

the weakonomist — Thu, 05 Mar 2009 02:45:28 +0000

Valid argument my friend. But when was the last time wise men were involved in government?

By: Wojciech Kulicki

Wojciech Kulicki — Thu, 05 Mar 2009 02:41:50 +0000

Didn’t a wise man once say, “don’t throw good money after bad?” I don’t think an existing investment should be an excuse to continue putting in capital. But I guess we’ll see what happens…

By: Suburban Dollar

Suburban Dollar — Wed, 04 Mar 2009 19:16:14 +0000

Great explanation, but I think they should be allowed to fail. I am all for helping people but rewarding stupidity, fosters stupidity. Not to mention the hit my personal economy is going to take when AIG fails to payback the government and we get to foot the bill with higher taxes…